Why Lenders Use Our Product

Support your Decisions with Objective Research

Whether originating, underwriting, serving on a credit committee, or performing ongoing surveillance on a debt portfolio, impartial data from Reis can help facilitate interdepartmental negotiations, and negotiations with the borrower.

ReisReports is a low cost research tool that keeps you ahead of the competition, allows you to complete deals faster, and gives you access to trusted nationally recognized information.

Lenders Trust Reis for Impartial Analysis

For originators, performing the rigorous due diligence that is so essential to making sound decisions can be difficult, especially when considering an application for a loan in an unfamiliar market. Sure, the metro as a whole is performing well, but what about the particular submarket in which the collateral is located? Considering the location and class of the property, the performance of its peers, and the expected changes in market health, are the income projections, LTV ratios, and DSC ratios in the loan packet reasonable and can I defend them to my underwriters?
For underwriters, checking the assumptions of originators can be equally time consuming. Here again, a review of the Reis data can reveal that a loan falls within acceptable LTV and DSC parameters or, if it does not, can help answer the question of whether the subject property’s performance justifies
the exception.
With the responsibility for final approval, the credit committee benefits from the same Reis data that has been used previously by the originator and underwriter. Reis data may be used to give approve the loan, or to challenge earlier assumptions, leading to rejection or adjustment of the loan terms.
Finally, portfolio managers responsible for overseeing a lender’s loan portfolio can use Reis to help determine whether conditions in some markets are deteriorating to a degree that may negatively affect Loan-to-Value or Debt-Service-Coverage ratios, suggesting that perhaps the lender should shed or refinance those loans.

Originators, underwriters, credit committee members, and portfolio managers—four constituencies with differing, sometimes conflicting priorities—can use Reis to reach a common understanding of market conditions upon which to ground their internal discussions. Their government regulators, too, appreciate the advantages of using Reis, a trusted single source known to maintain consistent data collection standards and sector definitions across markets.